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Purchase Options
River Walk Place, scheduled for spring 2007,
provides unique scenic living minutes away from the excitement of the
University of Alabama, the dining of downtown Tuscaloosa and the rich
heritage of local museums and crafts. Contact us today for an
information packet and to answer any questions you may have, units
are going fast - call today Iris Hinton at 866-434-4545.
The following floorplans are availble as PDF's.
Looking for Adobe Reader? Download it now.
River Walk Place, scheduled for spring 2007,
provides unique scenic living minutes away from the excitement of the
University of Alabama, the dining of downtown Tuscaloosa and the rich
heritage of local museums and crafts. Contact us today for an
information packet and to answer any questions you may have, units
are going fast - call today Iris Hinton at 866-434-4545.
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Condominium Association
Estimated Operating Budget
First Year
Income from Condo fees:
31 units @ $550.00 per month
$204,600
Total Income $204,600
Operating Expenses
| Salaries - Attendant |
$ 75,000 |
| Professional Services |
$ 1,500 |
| Management Fees |
$ 5,400 |
| Water/Sewer |
$ 17,000 |
| Electricity |
$15,000 |
| Garbage Service |
$ 9,000 |
| Flood Insurance |
$ 12,200 |
| Multi-Risk Insurance |
$ 30,000 |
| Elevator Insurance |
$ 7,200 |
| Lawn&Ground Maintenance |
$ 10,000 |
| General Maintenance |
$ 3,600 |
| Fire Security Maintenance |
$ 5,000 |
| Pest Control/Common Areas |
$ 3,000 |
| Office Supplies |
$ 700 |
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Reserve for Future
Replacement & Repairs
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$ 10,000 |
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| TOTAL EXPENSES |
$204,600 |
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